Rising inflation in Europe, which jumped to 8.9% in July 2022, the highest in 25 years, will hurt the profitability...
inflation News
Allstate announced August 18 that Glenn Shapiro, president, Property-Liability, has decided to retire at the end of September. He joined...
Inflation likely won’t subside anytime soon, and insurers will need to be proactive and flexible if they want to stay...
UK insurer Aviva Plc is the latest financial firm to give some of its staff a one-time payment to help...
The cost of paying auto claims is running particularly high in Britain and the United States, insurer Admiral’s chief said...
Chubb CEO Evan Greenberg said the insurer is seeing favorable returns, but additional rate is needed to “keep pace with...
Swiss Re’s economists predict “inflationary recessions” hitting major world economies over the next 12-18 months, and while recessions spell less...
Some 93% of small business owners are worried that the United States will enter a recession in the next six...
U.S. consumers see inflation rising further in the year ahead but expect a more moderate pace over the longer term...
Another blowout jobs number and continued wage growth will likely stiffen resolve at the Federal Reserve for another three-quarter point...